IRA Rollovers Up 7% in 2012, Keep On Rising: Cerulli
In 2013, Cerulli estimates, rollover contributions grew another 11%.
IRAs to Hold 35% of All Retirement Assets by 2018: Cerulli
The movement of funds from employer-sponsored DB plans is a natural result of aging baby boomers looking for ways to generate income.
IRAs Make Up Nearly Half of Advisors’ Business
The takeaway: rollovers, and the retirement business in general, are key markets for advisors to cultivate, Cerulli says.
Why This Is a Good Time to Be an Advisor, of Any Age
This is our annual Careers supplement, and in the pages that follow we deliver what I humbly believe are a number of articles that you will find useful in planning and executing a more successful career.
Number of RIAs Up 8% Annually Over 8 Years, Other Channels Decline
Cerulli report says breakaway brokers, lawyers and accountants fueled RIA growth in an otherwise “shrinking industry.”
Assets of HNW Family Offices Near $800 Billion
Cerulli report points to factors that make this a lucrative and difficult RIA market to pursue.
What’s Driving Industry Shifts?
The number of wirehouse advisors and their asset base continues to drop, says a report released by Cerulli Associates on Monday.
Wirehouse Model Still Bleeding Assets, Talent: Cerulli Study
Other channels, though, have a long way to catch up to the big four—Merrill Lynch, Morgan Stanley, Wells Fargo and UBS.
Advisors Feel Pinch of Compensation Squeeze
Many advisors expect to see a slight lift in pay in 2012, but with the sluggish economic recovery, ongoing global challenges and relentless cost-cutting, there is little reason to bring out the bubbly.
Broker-Dealers: Is Smaller Better?
Once-sleepy regional broker-dealers are suddenly attractive to advisors and asset managers.